City of New York, NY

Retail buyers grabbed New York City’s big general obligation bond offering while several large negotiated and competitive deals hit the market on Tuesday.

The municipal bond market will face a second busy day as more supply is set to hit the screens on Tuesday.

New York City offered $850 million of general obligation bonds to retail buyers while the Metropolitan St. Louis Sewer District, Mo., presented a $317 million refunding deal to retail investors and the Pennsylvania Turnpike’s $260 million of bonds priced.

New York City offered $850 million of general obligation bonds and the Metropolitan St. Louis Sewer District, Mo., offered a $317 million refunding deal to retail investors on Monday as the Pennsylvania Turnpike came to market with its bonds.

The eight hopefuls still want to hold the state-run MTA more accountable.

As lawmakers worked over the details of tax tax legislation, municipal market participants prepared to embark on what may be a record-setting week for issuance.

New York Mayor Bill de Blasio named Dean Fuleihan first deputy mayor and Melanie Hartzog as budget chief.

The Citizens Budget Commission says deficits could compromise Chairman Joseph Lhota's subway improvement plan.

New York's mayor says realized money will more than offset increased spending for fiscal 2018 and 2019.

The New York Metropolitan Transportation Authority’s $2.2 billion deal was offered to retail buyers. In secondary trading, municipals were trading mixed at mid-session.